---
schema_version: "secwatch.filing_event.v1"
accession: "0001326110-23-000014"
form_type: "8-K"
ticker: "IBRX"
cik: "0001326110"
company_name: "ImmunityBio, Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T15:45:07.354728+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ImmunityBio obtains $176.4M judgment against Sorrento confirmed by court; $159.4M payable to subsidiary

## Summary
- LA County Superior Court confirms $176.37M arbitration award against Sorrento; $159.42M payable to ImmunityBio subsidiary NantCell.
- Court grants injunction barring Sorrento from overseas transfers >$1M and insider transfers until award is paid.
- Judgment includes 10% post-judgment interest; arbitrator previously awarded $173.5M with prejudgment interest.
- ImmunityBio intends to pursue collection vigorously but provides no assurance on full recovery or timing.
- Other disputes between ImmunityBio affiliates and Sorrento remain pending; Company will defend claims.

## SEC filing metadata
- accession: 0001326110-23-000014
- form_type: 8-K
- ticker: IBRX
- cik: 0001326110
- company_name: ImmunityBio, Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326110/000132611023000014/0001326110-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326110/000132611023000014/ibrx-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326110-23-000014
- JSON: https://secwatch.observer/filing/0001326110-23-000014.json
- Plain text: https://secwatch.observer/filing/0001326110-23-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
